Why Are Insurance Premiums Still Rising Double-Digit Rates? 🛡️

Discover the reasons behind the continued surge in insurance costs despite claims of subsidies, and what it means for Australian consumers.

ABC NEWS (Australia)539 views4:31

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About this video

The latest annual inflation data shows insurance is still rising by double-digits. While Australians might feel like their premiums are getting more expensive, the companies which provide the cover claim policies are being subsidised from investment returns. Angelique Lu looks at the reasons behind why insurance is so high.

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Views
539

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Duration
4:31

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Published
Aug 2, 2024

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